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Purpose: This study examines the influence of firm's international trade activities on the relationship between debt and firm's performance. Design/methodology/approach: This study is based on a sample of 8,343 Portuguese manufacturing firms between 2010 and 2017 and resorts to a random effects...
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Purpose: The purpose of this paper is to contribute to the existing literature on the relationship between debt and firms’ performance, by focusing on the influence of the institutional framework on this relationship and on the role of macroeconomic variables in explaining performance....
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